1484 sf Duplex in downtown Hawthorne, Nevada. Recently remodeled. Each unit is two bedroom one bathroom, with full porch and ceiling fans on the porch. Appliances installed August 2021, with propane cooking and water heater. Electric heat.
Upscale long term tenants in both units, with one year leases until June 2022. Each unit rents for $795 a month, and tenants pay all utilities. Annual NET:$19,080.Since the tenants pay all utilities, the only expenses chargeable to the property are insurance & property taxes. Cap Rate of 6.7%